Labour shortages in S’Ville

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VietStock FI English 6 day(s) ago

Labour shortages in S’Ville

Aiming to one day become a major manufacturing base in Cambodia, Sihanoukville faces an uphill battle in attracting workers, provincial officials said yesterday.

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Industrial policy to be released next week

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VietStock FI English 1 week(s) ago

The government will next week release its Industrial Development Policy (IDP) that aims to keep the economy on its high-growth trajectory, a senior official confirmed yesterday.

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Another tax incentive to entice companies to CSX

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VietStock FI English 1 week(s) ago

In a bid to encourage companies to list on Cambodia’s beleaguered stock exchange, a new prakas released today will allow businesses to delay their monthly prepayment of tax on profit to the end of the year, according to an announcement on the Cambodia Securities Exchange.

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Migrant workers to S Korea sees uptick

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VietStock FI English 2 week(s) ago

Cambodian workers sent to South Korea totalled nearly 6,000 for the first seven months of the year, with most of them working in the agriculture and industrial sectors, according to data from the Ministry of Labour and Vocational Training.

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Gaming firm gaining momentum with slot machines

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VietStock FI English 2 week(s) ago

US-listed gaming operator Entertaining Gaming Asia (EGA) has recovered from last year’s losses and recorded a profit during the second quarter of 2015.

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Rules passed for derivatives

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VietStock FI English 1 month(s) ago

Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month.

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In search of export market for mangoes

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VietStock FI English 1 month(s) ago

Cambodia is seeking to export its mangoes to South Korea, according to a senior official at the Ministry of Agriculture, Forestry and Fisheries.

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High 2015 yields for pepper growers

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VietStock FI English 1 month(s) ago

Kampot pepper production almost doubled during 2015’s harvest season compared to last year’s, although prices have remained flat, according to an industry representative.

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Slight dip in half-year revenues at temples

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VietStock FI English 1 month(s) ago

Despite a small increase in the number of foreign visitors to Angkor Wat in the first half of the year, revenues from ticket sales at the historical site dropped slightly compared to the same period in 2014, according to official figures released by Apsara Authority yesterday.

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PHR: Appointment of Right Chief Accountant

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VietStock FI English 2 month(s) ago

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Mixed blessing from China’s stock market crash

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VietStock FI English 4 day(s) ago

Mixed blessing from China’s stock market crash

While the devaluation of the yuan may work in overseas property markets’ favour, including Cambodia, what has been referred to as‘Black Monday’ could drag down the local real estate sector, said industry experts.

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Watching from the sidelines

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VietStock FI English 6 day(s) ago

Watching from the sidelines

As Chinese markets plunged 8.49 per cent on Monday sending jitters across global indices, industry insiders yesterday were cautious about its potential spillover effects into the Kingdom, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector.

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Construction sector unaware of asbestos risks

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VietStock FI English 6 day(s) ago

While the Ministry of Labour held a workshop last Friday to highlight the presence of asbestos in products, especially building materials, many construction companies and workers are unaware of the toxic substance and its potential health hazards.

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Japanese firm, bank raise stakes in Acleda

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VietStock FI English 1 week(s) ago

Japanese bank Sumitomo Mitsui Banking Corporation and financial services firm Orix Corporation upped their individual stakes in Cambodia’s largest bank, Acleda, acquiring shares from JSH Asian Holdings, an existing stakeholder in the bank.

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Coke betting big on Cambodia

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VietStock FI English 1 week(s) ago

Coca-Cola held the ground-breaking ceremony for its new $100 million production facility at the Phnom Penh Special Economic Zone yesterday, which when completed in 2016 will double the beverage behemoth’s Cambodian output over the next six years.

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